Opel plans electric car production

General Motors' (GM.N) European brand Opel plans to start selling an all-electric compact car no later than by 2017 as the automaker is striving to meet EU emission targets, Automobilwoche reported on Sunday.

The new model, dubbed internally as battery electric vehicle (BEV), will be much smaller and cheaper than the 38,300-euro ($52,400) Ampera electric car, the magazine said without citing the source of the information.

The GM division last September announced a price cut for the Ampera of almost 8,000 euros in Europe's biggest car market for the model which can travel between 40-80 kilometers electrically and a further 500 km with a combustion engine range extender.

Opel did not return calls seeking comment.

Opel's new electric model would be launched as part of a small-car offensive that in 2015 may also bring to the market the "City" vehicle, due to cost less than 10,000 euros and rival Volkswagen's (VOWG_p.DE) Up subcompact, Automobilwoche said.